How the Fed Prepares Its Minutes

The Wall Street Journal has a write up of how the Fed prepares it minutes. Its interesting to note that the full transcripts are released with a five-year lag as opposed to the minutes.

The process commences even before the meeting begins with a Board of Governors staffer writing up a summary of the staff’s economic and financial analyses, which are delivered at the start of each meeting.

via WSJ

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza